Business
Public Accounts Committee Reveals Taxpayer Dollars Funneled to Liberal Insiders with No Accountability

Public Accounts Committee reveals SDTC’s rampant conflicts of interest, lack of oversight, and millions in taxpayer dollars benefiting insiders—while Liberal MPs defend Trudeau’s “green” slush fund.
What happens when politicians promise “green energy” but deliver taxpayer-funded corruption? If you tuned in to Canada’s Public Accounts Committee this week, you found out. On the hot seat was Sustainable Development Technology Canada (SDTC), a bloated agency supposedly designed to fund sustainable technology but apparently also set up as a welfare program for ethically dubious board members.
Now, SDTC isn’t some fledgling startup or small-time charity. This agency is sitting on $330 million of your money – Canadian taxpayer money. And what did Canada’s Auditor General find in her investigation? An unbelievable 186 conflicts of interest. That’s not an organization with a few bad apples; that’s a systematic problem.
So why isn’t anyone doing anything? Here’s where it gets even more outrageous. Enter Ethics Commissioner Konrad von Finkelstein, a man whose entire job is to hold officials accountable for ethical breaches. Did he step up to expose the corruption in SDTC? Not really. Von Finkelstein told the committee that his role is simply to “expose” conflicts of interest, not to actually do anything about them. Think about that. Here’s a man whose salary is funded by taxpayers, and his job description basically amounts to reading out loud the names of people breaking the rules.
Conservative MP Michael Cooper wasn’t having it. Cooper laid it out for von Finkelstein, practically begging him to explain why only two out of dozens of SDTC board members were investigated. But von Finkelstein’s excuse? He couldn’t bother because – get this – the Auditor General had already done the hard work. If that sounds like passing the buck, it’s because it is. Canadians aren’t paying for an Ethics Commissioner to sit back and watch. They’re paying for an official who’s supposed to defend the integrity of public institutions. But that’s clearly not happening here.
Liberal Apologists at Work
Not everyone on the committee wanted answers, though. Some were too busy defending SDTC’s “noble” cause. Liberal MP Nathaniel Erskine-Smith practically bent over backward trying to downplay the whole thing. When Conservative MPs called SDTC a “green slush fund,” Erskine-Smith got indignant. He insisted that SDTC wasn’t a criminal organization and took offense at the term “slush fund.” Really? Because if funneling millions of public dollars into the hands of connected board members isn’t a slush fund, I don’t know what is.
Let’s call it what it is. While Erskine-Smith was busy defending SDTC’s “mission,” the committee heard exactly how that mission was carried out – through unethical, undisclosed conflicts of interest, with board members giving funds to companies they had direct financial ties to. And what did Erskine-Smith call this? Just a “few ethical lapses,” as if millions of taxpayer dollars being handed out without oversight is a minor paperwork error.
The Ethics Commissioner’s Toothless Office
Bloc MP Nathalie Sinclair-Desgagné and NDP MP Richard Cannings pressed von Finkelstein on his office’s glaring lack of oversight. Why was he investigating just two board members when nearly 200 conflicts of interest were flagged? His answer was almost laughable: His office couldn’t enforce anything, couldn’t recoup the wasted money, and couldn’t even stop the bleeding of taxpayer funds because his role is “limited.” Limited? That’s putting it lightly.
And here’s where it gets even more insulting. Von Finkelstein admitted that he wouldn’t coordinate with other agencies like the RCMP or the Auditor General to go after these ethical lapses. This office, which exists solely to enforce ethical standards, can’t or won’t go after those breaking them. It’s as if the Ethics Commissioner’s job is to stand back and announce that something unethical happened, only to shrug and do nothing about it. Can you imagine running any organization that way? Of course not – but in the Canadian government, this seems to be the new normal.
Auditor Testifies, and It’s Worse Than We Thought
Just when we thought the Ethics Commissioner’s testimony had exposed the worst of Canada’s green-tech “accountability” disaster, along comes Auditor General official Michel Bédard. You’d think with the staggering amount of taxpayer money SDTC has under its control, someone would be keeping tabs. But if today’s testimony proved anything, it’s that this agency has zero meaningful oversight, a culture that actively ignores conflicts of interest, and no one stepping in to protect Canadians’ hard-earned money.
So, here we go again. 186 conflicts of interest, millions in public funds granted to companies with ties to board members—SDTC is basically the Wild West of “green” government spending. And guess what? Just like the Ethics Commissioner, Bédard’s office can report on it, but he admitted they can’t actually do anything to stop it. All that money might as well be floating in a pool, with insiders diving in for their share.
The “Accountability” Problem: Michael Cooper’s Pointed Questions
Conservative MP Michael Cooper wasn’t here to play around. He honed in on the obvious question: if SDTC’s board members aren’t held accountable, what’s the point of an Auditor General report? Cooper pushed Bédard to explain why these SDTC board members weren’t facing any real consequences. Bédard’s response? His office doesn’t have the authority to penalize or recover funds—it’s all just for show. That’s the message, folks: this is a government program that “monitors” ethical breaches but has no teeth.
If you’re wondering why SDTC board members feel free to treat taxpayers’ dollars like a bottomless well, this is it. They know that nothing’s going to happen. Cooper hit the nail on the head when he called out the lack of deterrence, and Canadians ought to be asking: why are we funding oversight bodies that can’t actually hold people accountable?
Liberals Try to Soften the Blow—Iqra Khalid’s Flimsy Defense
Then, enter Liberal MP Iqra Khalid, swooping in with damage control. Her goal? To downplay this mess as if it’s all just a big misunderstanding. She floated the idea that SDTC’s ethical violations weren’t “intentional misconduct” but simply lapses in judgment, suggesting board members maybe didn’t “understand” conflict-of-interest rules. Are we supposed to believe that these seasoned board members—handling millions in taxpayer funds—just forgot their ethics training?
Khalid hinted that more “training” and “internal guidance” would fix things. Bédard’s subtle response was telling: yes, training is helpful, but let’s be clear, SDTC’s issues are deeper. It’s a cultural problem within an organization that has no incentive to follow the rules. Training can’t fix a system that fundamentally disregards ethical standards. Khalid’s attempt to sidestep accountability only underscored what’s really happening here—a refusal to impose consequences.
Nathalie Sinclair-Desgagné and Richard Cannings: Why Aren’t Taxpayers Being Compensated?
Bloc Québécois MP Nathalie Sinclair-Desgagné and NDP MP Richard Cannings brought up the most glaring issue yet: where’s the money? Taxpayers are funding SDTC, watching it go straight into the hands of conflicted board members, and yet, there’s no mechanism to get that money back. Sinclair-Desgagné demanded answers on why SDTC couldn’t recoup funds that were misappropriated due to these ethical lapses. Bédard’s response? The Auditor General’s office has no authority to force financial recovery, meaning SDTC’s board can make conflicted decisions with no risk of losing the cash.
Cannings and Sinclair-Desgagné went further, questioning whether anything less than legislative reform could solve this crisis. It was clear that these MPs understood the root of the problem: SDTC’s oversight is built on a house of cards, with taxpayer money at stake and no tools to hold anyone accountable. Canadians are effectively writing blank checks to a board of insiders who profit without consequences.
The Big Picture: A Culture of Entitlement and Zero Accountability
Michel Bédard’s testimony laid bare the sickening entitlement within SDTC’s leadership. This isn’t a minor oversight or an accidental misunderstanding—this is a systemic culture where people with a financial stake in the projects can vote themselves money, and no one bats an eye. Worse, the Liberal defense of SDTC is that because it has a “green mission,” its failures somehow don’t matter. They’re telling Canadians that as long as the organization’s purpose sounds virtuous, the rules don’t apply.
Let’s be real. No one believes that SDTC’s board members are unaware of basic ethics rules. These are people who sit in decision-making positions, who know full well the implications of conflict of interest. What’s happened here is that they’re taking advantage of a system that has no means of holding them accountable, and they know it.
What Canada Needs Now, Real Accountability, Not Empty Promises
The real takeaway from Bédard’s testimony? Canada’s so-called oversight framework is a farce. The Trudeau government has set up an accountability structure that looks good on paper but doesn’t stop the political class from dipping their hands in taxpayer money. If we want to see real change, Canadians need a complete overhaul of the system—one that actually empowers the Auditor General and Ethics Commissioner to take action and enforce consequences, not just to “report” and move on. Until that happens, SDTC will keep doing what it does best: functioning as a de facto slush fund for Trudeau’s elite insiders, where conflicts of interest are not exceptions but the rule.
Canadians deserve far better than a government handing out their tax dollars to political friends who think they’re untouchable. Michel Bédard’s testimony laid bare SDTC’s blatant failures, and it’s a moment of reckoning. Will any of these politicians rise above the corruption and demand real reform? Or will this testimony be just another chapter in the Trudeau government’s long saga of accountability failures?
Let’s get one thing straight: this isn’t about “green energy” or “sustainability.” Those are just fancy words bureaucrats use while they funnel public money to friends and business associates without a shred of oversight. And here’s the kicker—Liberal MPs want Canadians to think this is just a “misunderstanding” or, worse, that questioning it is somehow unpatriotic. It’s the Trudeau swamp at its finest: shut down accountability by slapping a green label on taxpayer-funded corruption and hoping no one notices.
Let’s face it: Sustainable Development Technology Canada isn’t operating in some dark corner of bureaucracy. It’s operating right out in the open, with the full backing of Trudeau’s government, while the Ethics Commissioner, the Auditor General, and Liberal MPs play the role of political apologists, doing everything they can to sweep this rot under the rug.
This committee session showed Canadians one thing loud and clear: they’re being lied to. Told that their money is supporting green technology, but instead, it’s being pocketed by insiders. SDTC, the Ethics Commissioner, the Auditor General—they’re not protecting Canadians. They’re protecting the interests of a political class that’s putting cronyism above the public good.
In a fair system, people would lose their jobs over this. Taxpayer money would be repaid. And those who let SDTC slip through the cracks would face consequences. But in Trudeau’s Canada, officials hide behind excuses, Ethics Commissioners wring their hands about “exposure,” and Liberal MPs get offended when we dare call corruption for what it is.
This isn’t “oversight.” It’s an insult to every Canadian who funds this government. It’s time to drain the Trudeau swamp, end the era of unchecked cronyism, and demand real, accountable governance. Canadians deserve nothing less.
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Business
Mark Carney’s Fiscal Fantasy Will Bankrupt Canada

By Gwyn Morgan
Mark Carney was supposed to be the adult in the room. After nearly a decade of runaway spending under Justin Trudeau, the former central banker was presented to Canadians as a steady hand – someone who could responsibly manage the economy and restore fiscal discipline.
Instead, Carney has taken Trudeau’s recklessness and dialled it up. His government’s recently released spending plan shows an increase of 8.5 percent this fiscal year to $437.8 billion. Add in “non-budgetary spending” such as EI payouts, plus at least $49 billion just to service the burgeoning national debt and total spending in Carney’s first year in office will hit $554.5 billion.
Even if tax revenues were to remain level with last year – and they almost certainly won’t given the tariff wars ravaging Canadian industry – we are hurtling toward a deficit that could easily exceed 3 percent of GDP, and thus dwarf our meagre annual economic growth. It will only get worse. The Parliamentary Budget Officer estimates debt interest alone will consume $70 billion annually by 2029. Fitch Ratings recently warned of Canada’s “rapid and steep fiscal deterioration”, noting that if the Liberal program is implemented total federal, provincial and local debt would rise to 90 percent of GDP.
This was already a fiscal powder keg. But then Carney casually tossed in a lit match. At June’s NATO summit, he pledged to raise defence spending to 2 percent of GDP this fiscal year – to roughly $62 billion. Days later, he stunned even his own caucus by promising to match NATO’s new 5 percent target. If he and his Liberal colleagues follow through, Canada’s defence spending will balloon to the current annual equivalent of $155 billion per year. There is no plan to pay for this. It will all go on the national credit card.
This is not “responsible government.” It is economic madness.
And it’s happening amid broader economic decline. Business investment per worker – a key driver of productivity and living standards – has been shrinking since 2015. The C.D. Howe Institute warns that Canadian workers are increasingly “underequipped compared to their peers abroad,” making us less competitive and less prosperous.
The problem isn’t a lack of money; it’s a lack of discipline and vision. We’ve created a business climate that punishes investment: high taxes, sluggish regulatory processes, and politically motivated uncertainty. Carney has done nothing to reverse this. If anything, he’s making the situation worse.
Recall the 2008 global financial meltdown. Carney loves to highlight his role as Bank of Canada Governor during that time but the true credit for steering the country through the crisis belongs to then-prime minister Stephen Harper and his finance minister, Jim Flaherty. Facing the pressures of a minority Parliament, they made the tough decisions that safeguarded Canada’s fiscal foundation. Their disciplined governance is something Carney would do well to emulate.
Instead, he’s tearing down that legacy. His recent $4.3 billion aid pledge to Ukraine, made without parliamentary approval, exemplifies his careless approach. And his self-proclaimed image as the experienced technocrat who could go eyeball-to-eyeball against Trump is starting to crack. Instead of respecting Carney, Trump is almost toying with him, announcing in June, for example that the U.S. would pull out of the much-ballyhooed bilateral trade talks launched at the G7 Summit less than two weeks earlier.
Ordinary Canadians will foot the bill for Carney’s fiscal mess. The dollar has weakened. Young Canadians – already priced out of the housing market – will inherit a mountain of debt. This is not stewardship. It’s generational theft.
Some still believe Carney will pivot – that he will eventually govern sensibly. But nothing in his actions supports that hope. A leader serious about economic renewal would cancel wasteful Trudeau-era programs, streamline approvals for energy and resource projects, and offer incentives for capital investment. Instead, we’re getting more borrowing and ideological showmanship.
It’s no longer credible to say Carney is better than Trudeau. He’s worse. Trudeau at least pretended deficits were temporary. Carney has made them permanent – and more dangerous.
This is a betrayal of the fiscal stability Canadians were promised. If we care about our credit rating, our standard of living, or the future we are leaving our children, we must change course.
That begins by removing a government unwilling – or unable – to do the job.
Canada once set an economic example for others. Those days are gone. The warning signs – soaring debt, declining productivity, and diminished global standing – are everywhere. Carney’s defenders may still hope he can grow into the job. Canada cannot afford to wait and find out.
The original, full-length version of this article was recently published in C2C Journal.
Gwyn Morgan is a retired business leader who was a director of five global corporations.
Business
Carney Liberals quietly award Pfizer, Moderna nearly $400 million for new COVID shot contracts

From LifeSiteNews
Carney’s Liberal government signed nearly $400 million in contracts with Pfizer and Moderna for COVID shots, despite halted booster programs and ongoing delays in compensating Canadians for jab injuries.
Prime Minister Mark Carney has awarded Pfizer and Moderna nearly $400 million in new COVID shot contracts.
On June 30th, the Liberal government quietly signed nearly $400 million contracts with vaccine companies Pfizer and Moderna for COVID jabs, despite thousands of Canadians waiting to receive compensation for COVID shot injuries.
The contracts, published on the Government of Canada website, run from June 30, 2025, until March 31, 2026. Under the contracts, taxpayers must pay $199,907,418.00 to both companies for their COVID shots.
Notably, there have been no press releases regarding the contracts on the Government of Canada website nor from Carney’s official office.
Additionally, the contracts were signed after most Canadians provinces halted their COVID booster shot programs. At the same time, many Canadians are still waiting to receive compensation from COVID shot injuries.
Canada’s Vaccine Injury Support Program (VISP) was launched in December 2020 after the Canadian government gave vaccine makers a shield from liability regarding COVID-19 jab-related injuries.
There has been a total of 3,317 claims received, of which only 234 have received payments. In December, the Canadian Department of Health warned that COVID shot injury payouts will exceed the $75 million budget.
The December memo is the last public update that Canadians have received regarding the cost of the program. However, private investigations have revealed that much of the funding is going in the pockets of administrators, not injured Canadians.
A July report by Global News discovered that Oxaro Inc., the consulting company overseeing the VISP, has received $50.6 million. Of that fund, $33.7 million has been spent on administrative costs, compared to only $16.9 million going to vaccine injured Canadians.
Furthermore, the claims do not represent the total number of Canadians injured by the allegedly “safe and effective” COVID shots, as inside memos have revealed that the Public Health Agency of Canada (PHAC) officials neglected to report all adverse effects from COVID jabs and even went as far as telling staff not to report all events.
The PHAC’s downplaying of jab injuries is of little surprise to Canadians, as a 2023 secret memo revealed that the federal government purposefully hid adverse effect so as not to alarm Canadians.
The secret memo from former Prime Minister Justin Trudeau’s Privy Council Office noted that COVID jab injuries and even deaths “have the potential to shake public confidence.”
“Adverse effects following immunization, news reports and the government’s response to them have the potential to shake public confidence in the COVID-19 vaccination rollout,” read a part of the memo titled “Testing Behaviourally Informed Messaging in Response to Severe Adverse Events Following Immunization.”
Instead of alerting the public, the secret memo suggested developing “winning communication strategies” to ensure the public did not lose confidence in the experimental injections.
Since the start of the COVID crisis, official data shows that the virus has been listed as the cause of death for less than 20 children in Canada under age 15. This is out of six million children in the age group.
The COVID jabs approved in Canada have also been associated with severe side effects, such as blood clots, rashes, miscarriages, and even heart attacks in young, healthy men.
Additionally, a recent study done by researchers with Canada-based Correlation Research in the Public Interest showed that 17 countries have found a “definite causal link” between peaks in all-cause mortality and the fast rollouts of the COVID shots, as well as boosters.
Interestingly, while the Department of Health has spent $16 million on injury payouts, the Liberal government spent $54 million COVID propaganda promoting the shot to young Canadians.
The Public Health Agency of Canada especially targeted young Canadians ages 18-24 because they “may play down the seriousness of the situation.”
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